Question: Joe quits his computer programming job, where he was earning a salary of $ 5 5 0 0 0 per year, to start his own
Joe quits his computer programming job, where he was earning a salary of $ per year, to start his own computer software business in a building that he owns and was previously renting out for $ per year. In his first year of business he has the following expenses: salary paid to himself, $; rent $; and other expenses, $ Find the accounting cost and the economic cost associated with Joe's computer software business. Enter numeric responses using an integer.
Part
The accounting cost of Joe's business is $
Enter your response as an integer.
Part
The economic cost of Joe's business is $
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